Hi everyone.
Today with yellow lines we have marked the channel in which the BTC price is currently moving.
As you can see, we have two important zones:
-first is the support line on which the price is currently based at $ 23,021, then we have a support zone ahead of the price which ranges from $ 20,957 to $ 17,669, if the price drops below the designated zone, we can expect further drops to around 12,000 dollars.
- the second is a resistance zone, we have from $ 24,696 to $ 26,196. A break from this zone may result in further increases towards the resistance at $ 28,754.
Currently, the price on our channel is shifting nicely to the side, which could potentially be used for short-term licks.
Also noteworthy is the CHOP indicator, which indicates that we have a lot of energy, and the MACD indicator, which indicates that we have entered a local downward trend.
Remember, however, that this is not investment advice.
Today with yellow lines we have marked the channel in which the BTC price is currently moving.
As you can see, we have two important zones:
-first is the support line on which the price is currently based at $ 23,021, then we have a support zone ahead of the price which ranges from $ 20,957 to $ 17,669, if the price drops below the designated zone, we can expect further drops to around 12,000 dollars.
- the second is a resistance zone, we have from $ 24,696 to $ 26,196. A break from this zone may result in further increases towards the resistance at $ 28,754.
Currently, the price on our channel is shifting nicely to the side, which could potentially be used for short-term licks.
Also noteworthy is the CHOP indicator, which indicates that we have a lot of energy, and the MACD indicator, which indicates that we have entered a local downward trend.
Remember, however, that this is not investment advice.